IFC: Myanmar should go solar

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Solar can help Myanmar fill its electricity shortage and reduce the cost of power, the International Finance Corporation (IFC) argued in a recent report. The IFC (which is the private sector financing arm of the World Bank Group) claimed that investi

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IFC converts loan into equity to own 5% stake in Myanmar's Yoma Bank

IFC takes 5 percent stake in Yoma Bank

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The International Finance Corporation (IFC) has become the first international investor in a Myanmar bank. The IFC now takes a five percent stake of Yoma Bank, a conversion of a previously agreed USD 5 million loan. The investment arm of the World Ba

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IFC grants $3m loan to SLCM to expand Myanmar agribusiness Read more at: https://www.dealstreetasia.com/stories/ifc-grants-3m-loan-to-slcm-to-expand-myanmar-agribusiness-129921/

IFC grants USD 3 million loan to agri-logistic firm SLCM

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The International Finance Corporation (IFC) has provided a USD 3 million loan to SLCM Limited, a Yangon-based agri-logistics firm. According to a report in Dealstreet Asia, IFC said that the loan will be part of its Global Agriculture and Food Securi

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